Measured Wealth Private Client Group LLC Sells 4,451 Shares of Dell Technologies Inc. $DELL

Measured Wealth Private Client Group LLC trimmed its holdings in shares of Dell Technologies Inc. (NYSE:DELLFree Report) by 91.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 406 shares of the technology company’s stock after selling 4,451 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Dell Technologies were worth $67,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the fourth quarter valued at $25,000. Rossby Financial LCC lifted its position in Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares in the last quarter. Portus Wealth Advisors LLC acquired a new position in Dell Technologies during the 1st quarter worth about $35,000. Kemnay Advisory Services Inc. bought a new stake in Dell Technologies during the 4th quarter worth about $29,000. Finally, Navalign LLC acquired a new stake in Dell Technologies in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DELL shares. JPMorgan Chase & Co. boosted their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Loop Capital increased their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Mizuho boosted their price objective on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Royal Bank Of Canada assumed coverage on Dell Technologies in a report on Friday, May 29th. They set an “outperform” rating on the stock. Finally, Guggenheim upgraded Dell Technologies to a “buy” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $492.76.

Get Our Latest Stock Analysis on DELL

Key Dell Technologies News

Here are the key news stories impacting Dell Technologies this week:

Dell Technologies Trading Down 0.8%

Shares of NYSE DELL opened at $438.40 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The firm’s 50-day moving average is $386.45 and its 200-day moving average is $237.54. The firm has a market capitalization of $284.13 billion, a PE ratio of 34.82, a price-to-earnings-growth ratio of 0.94 and a beta of 1.31.

Dell Technologies (NYSE:DELLGet Free Report) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the firm posted $1.55 earnings per share. Dell Technologies’s revenue for the quarter was up 87.5% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, equities research analysts anticipate that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s payout ratio is presently 20.02%.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the sale, the director owned 24,287 shares in the company, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the transaction, the director owned 36,659 shares in the company, valued at approximately $16,789,455.41. This trade represents a 82.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,434,758 shares of company stock worth $1,448,870,683. 41.50% of the stock is currently owned by company insiders.

About Dell Technologies

(Free Report)

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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